v2.4.0.6
Net Income Per Share of Class A and Class B Common Stock (Tables)
12 Months Ended
Dec. 31, 2011
Schedule of Calculation of Numerator and Denominator in Earnings Per Share

The following table sets forth the computation of basic and diluted net income per share of Class A and Class B common stock (in millions, except share amounts which are reflected in thousands and per share amounts):

 

    Year Ended December 31,  
    2009     2010     2011  
    Class A     Class B     Class A     Class B     Class A     Class B  

Basic net income per share:

           

Numerator

           

Allocation of undistributed earnings

  $ 4,981      $ 1,539      $ 6,569      $ 1,936      $ 7,658      $ 2,079   

Denominator

           

Weighted-average common shares outstanding

    241,575        74,651        246,168        72,534        253,862        68,916   

Less: Weighted-average unvested common shares subject to repurchase or cancellation

    (5     0        0        0        0        0   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Number of shares used in per share computation

    241,570        74,651        246,168        72,534        253,862        68,916   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Basic net income per share

  $ 20.62      $ 20.62      $ 26.69      $ 26.69      $ 30.17      $ 30.17   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted net income per share:

           

Numerator

           

Allocation of undistributed earnings for basic computation

  $ 4,981      $ 1,539      $ 6,569      $ 1,936      $ 7,658      $ 2,079   

Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares

    1,539        0        1,936        0        2,079        0   

Reallocation of undistributed earnings to Class B shares

    0        (13     0        (26     0        (27
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Allocation of undistributed earnings

  $ 6,520      $ 1,526      $ 8,505      $ 1,910      $ 9,737      $ 2,052   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator

           

Number of shares used in basic computation

    241,570        74,651        246,168        72,534        253,862        68,916   

Weighted-average effect of dilutive securities

           

Add:

           

Conversion of Class B to Class A common shares outstanding

    74,651        0        72,534        0        68,916        0   

Unvested common shares subject to repurchase or cancellation

    5        0        0        0        0        0   

Employee stock options, including warrants issued under Transferable Stock Option program

    2,569        114        3,410        71        2,958        46   

Restricted shares and RSUs

    621        0        1,139        0        1,478        0   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Number of shares used in per share computation

    319,416        74,765        323,251        72,605        327,214        68,962   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted net income per share

  $ 20.41      $ 20.41      $ 26.31      $ 26.31      $ 29.76      $ 29.76